Did prices drop less in Greenlake than the Seattle average?

[seabuyer]

I've been looking at houses for quite some time now and whenever an interesting listing appears in Greenlake it never seems to be close to the 30% off peak average in Seattle.

Is Greenlake "special"? Are homes losing less value in that neighborhood?

[ira s]

Absolutely, prices in Greenlake have dropped less than the county average since the 2007 peak. There are a few Seattle neighborhoods that have held their own better than others. They include Greenlake, Phinney, Ravenna, Wallingford, Queen Anne. They've all dropped, but nowhere near the 30%+ that other areas have.